ZIP Code 40342
ZIP / ZCTAPopulation: 23,739
ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — 40342
- What is the median household income in 40342?
- The median household income in 40342 is $71,819 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 40342?
- The poverty rate in 40342 is 8.9% (U.S. Census Bureau ACS 2023).
- What is the median home value in 40342?
- $212,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in 40342?
- The median gross rent in 40342 is $870 per month (U.S. Census Bureau ACS 2023).
- What percentage of 40342 residents have a college degree?
- 25.8% of adults in 40342 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
23,739
Median Income
$71,819
Median Home Value
$212,600
Poverty Rate
8.9%
Unemployment (ACS 2023)
2.5%
Median Age
42.0 yrs
Since 2019
Median Income:
+$16,512 (+29.9%)
Home Value:
+$62,800 (+41.9%)
Poverty Rate:
-3.4 pp (-27.6%)
Bachelor's+:
+5.7 pp (+28.4%)
Unemployment:
-4.7 pp (-65.3%)
Demographics
Total Population
23,739
Median Age
42.0
Female
49.4%
Race & Ethnicity
Hispanic or Latino 2.4%
White (non-Hisp.) 92.1%
Black 2.9%
Asian 0.1%
Two or More 3.2%
Other 0.6%
Hispanic Subgroups (% of total pop.)
Mexican
1.1%
Puerto Rican
0.1%
Cuban
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$71,819
±$7,475
Per Capita Income
$83,679
Median Family Income
$85,182
Poverty Rate
8.9%
Child Poverty Rate
14.6%
Working-Age Poverty Rate
—
SNAP Recipients
8.1%
Social Security Income
—
Retirement Income
31.3%
Household Income Distribution
< $10k
2.2%
$10–15k
3.3%
$15–25k
5.3%
$25–35k
10.7%
$35–50k
13.4%
$50–75k
16.4%
$75–100k
17.1%
$100–150k
18.4%
$150–200k
7.8%
$200k+
5.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
10,001
Owner-Occupied
77.6%
Renter-Occupied
22.4%
Vacancy Rate
6.7%
Median Home Value
$212,600
Median Gross Rent
$870
Owner Cost Burden (30%+)
11.3%
Renter Cost Burden (30%+)
45.5%
Home Value Distribution
< $50k
4.3%
$50–100k
8.3%
$100–200k
11.3%
$200–300k
32.8%
$300–500k
17.1%
$500k–$1M
4.0%
$1M+
1.8%
Gross Rent Distribution
< $500
5.3%
$500–1k
73.6%
$1–1.5k
19.6%
$1.5–2k
1.5%
Vehicle Availability
No vehicle
3.0%
1 vehicle
27.0%
2 vehicles
35.9%
3+
34.1%
Housing Type
Single-fam. det.
81.8%
Single-fam. att.
1.7%
2–4 units
6.0%
5–19 units
0.5%
20+ units
0.3%
Mobile home
5.9%
Housing Age
Pre-1940
9.5%
1940–1969
2.7%
1970–1999
12.9%
2000–2009
16.0%
2010+
6.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
91.6%
Bachelor's or Higher
25.8%
Graduate Degree
8.4%
Some College / Associate
23.7%
Less Than High School
3.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
59.6%
Unemployment Rate
2.5%
Work from Home
9.6%
Self-Employed
6.6%
Government Workers
22.1%
Private For-Profit
71.2%
Industry
Edu/Health
24.3%
Manufacturing
17.6%
Retail
10.7%
Public Admin
9.7%
Prof. Services
6.5%
Transportation
5.9%
Construction
5.3%
Finance
4.6%
Arts/Entmt.
3.0%
Information
1.9%
Agriculture
1.7%
Wholesale
0.8%
Occupation
Management
38.4%
Production
20.9%
Sales
20.3%
Construction
10.2%
Food Prep
10.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
29.3 min
Drove Alone
81.5%
Carpool
7.6%
Public Transit
0.0%
Work from Home
9.6%
Walked
0.1%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
9,329
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
52.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
18.6%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.9%
5–9
7.3%
10–14
6.0%
15–19
5.8%
20–24
5.8%
25–34
11.7%
35–44
12.2%
45–54
14.8%
55–64
8.8%
65–74
5.4%
75–84
9.8%
85+
5.0%
Under 18: 23.4%
Working age (18–64): 76.6%
65 and over: 16.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
1.3%
Naturalized Citizen
49.2%
Speaks English Less Than Very Well
0.1%
Foreign-Born Origin
Latin America
54.1%
Africa
30.8%
Asia
10.2%
Europe
4.9%
Veterans & Disability
Veteran
7.0%
With a Disability
18.7%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.5%
Uninsured
3.5%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
87.7%
Has a Computer
92.8%
Same House 1 Year Ago
89.0%
Moved from Abroad
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023